Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Mistras Group Inc shares valued at $98,400 were purchased by DEBENEDICTIS NICHOLAS on Mar 18 ’25. At $9.84 per share, DEBENEDICTIS NICHOLAS acquired 10,000 shares. The insider’s holdings grew to 217,511 shares worth approximately $2.03 million following the completion of this transaction.
Also, DEBENEDICTIS NICHOLAS purchased 8,962 shares, netting a total of over 89,978 in proceeds. Following the buying of shares at $10.04 each, the insider now holds 226,473 shares.
Before that, DEBENEDICTIS NICHOLAS had added 1,038 shares to its account. In a trade valued at $10,390, the Director bought Mistras Group Inc shares for $10.01 each. Upon closing the transaction, the insider’s holdings increased to 1,038 shares, worth approximately $2.12 million.
As published in a research note from BofA Securities on March 17, 2022, Mistras Group Inc [MG] has been rated up from an Underperform to a Neutral. As of May 12, 2020, Maxim Group has decreased its “Buy” rating to a “Hold” for MG. Earlier on October 31, 2019, Maxim Group initiated its rating. Their recommendation was “a Buy” for MG stock.
Analyzing MG Stock Performance
During the last five days, there has been a surge of approximately 1.30%. Over the course of the year, Mistras Group Inc shares have jumped approximately 2.87%. Shares of the company reached a 52-week high of $10.95 on 03/28/25 and a 52-week low of $8.58 on 04/07/25. A 50-day SMA is recorded $9.92, while a 200-day SMA reached $9.98.
Support And Resistance Levels for Mistras Group Inc (MG)
According to the 24-hour chart, there is a support level at 9.17, which, if violated, would cause prices to drop to 9.03. In the upper region, resistance lies at 9.42. The next price resistance is at 9.52. RSI (Relative Strength Index) is 42.30 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.25, which suggests the price will decrease in the coming days. Percent R is at 64.42%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
